MANILA, Philippines – Fuel price relief remains elusive as local oil firms are set to impose a fresh wave of price hikes on March 3, with diesel marking its 10th straight week of increases. However, an industry source warned of a “significant” upward price adjustment next week if the conflict in the Middle East involving the United States (US), Israel and Iran continues. READ: Pump prices seen surging by up to P1.60 per liter on March 3 In an advisory on Monday, Seaoil said diesel prices would rise by P1.20 a liter starting Tuesday. Gasoline will see the biggest climb […]... Keep on reading: Oil prices rise anew; Middle East risks loom